Hysterical. I've been telling people about the cost-benefit of rent/own around our neighborhood for years. I can buy a 1000sq. ft. home with an arm's length o

Hysterical. I've been telling people about the cost-benefit of rent/own around our neighborhood for years. I can buy a 1000sq. ft. home with an arm's length of property around it for $419,000 or I can rent a 1000sq. ft. home for $1400. With default yearly increases and 5.5% mortgage rate it's better to buy after... never! With a 2% annual increase in home value, never! 3%, same as rent, never! 4%, never! Houses have to increase at 5% just to be positive, after 13 years. (We have 2.7% tax rate.) Damn. Nice to see a chart like that.